Equity Resources · Massachusetts · 2025

Equity Resources in Massachusetts: approval rate, denial rate and rates (2025)

Equity Resources took 106 mortgage applications in Massachusetts in 2025, ranking #243 of 799 lenders active in the state. It originated 70.8% of them and denied 11.3% (13.8% of the applications it decided), against a statewide denial rate of 16.2%.

106Applicationsin MA
13.8%Decision denial ratestate 20.0%
6.88%Median ratestate 6.63%
$435,000Median loanstate $325,000
$35MVolume9 counties

Equity Resources in Massachusetts vs the state

11.3%Denial rate-4.89 pts vs state
13.8%Decision denial rate-6.16 pts vs state
70.8%Origination rate+8.15 pts vs state
6.88%Median rate+0.25 pts vs state
0.17Rate spread (pts)+0.08 pts vs state
$160kMedian applicant income
75Loans originated
12Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372509.7%6.99%#267
202484604.8%6.93%#260
20251067511.3%6.88%#243

What Equity Resources lends in Massachusetts

By loan purpose

Home purchase 60 57% · 6.7% denied
Refinance 37 35% · 16.2% denied
Cash-out refinance 9 8% · 22.2% denied

By loan type

Conventional 91 86% · 12.1% denied
FHA 6 6% · 16.7% denied
VA 9 8% · 0.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 4 33%
Incomplete application 3 25%
Other 2 17%
Collateral 1 8%
Unverifiable information 1 8%
Credit history 1 8%

Where in Massachusetts

Counties with the most Equity Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 24152 8.3%
Barnstable County 24182 8.3%
Middlesex County 23201 4.3%
Plymouth County 1474 28.6%
Norfolk County 1291 8.3%
Bristol County 431 25.0%
Suffolk County 210 0.0%
Hampden County 211 50.0%
Essex County 110 0.0%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
Rocket MortgageC 8,69815.9%6.75%
Bank of AmericaF 7,78430.1%5.99%
Guaranteed RateB 7,3134.5%6.50%
Eastern BankB 6,21631.8%6.99%
Rockland TrustC 5,99028.6%6.99%
Leader BankA 5,9131.8%6.25%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%

Frequently asked questions

Massachusetts: 106 applications in 2025, of which 75 were originated and 12 denied.

11.3% of all applications, or 13.8% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Equity Resources originated in Massachusetts in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Equity Resources's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology